Von Miller, Broncos Agree to New Contract: Latest Details, Comments and Reaction
The Denver Broncos placed the franchise tag on superstar linebacker Von Miller before the 2016 season but intended to lock him up to a long-term deal.
The move became a reality Friday, as Miller and the Broncos agreed to terms on a lucrative six-year deal worth $114 million, with $70 million in guarantees, per NFL Network. Miller's agents, Vanguard Sports, confirmed the news.
The linebacker took to Twitter to announce the pact:
2016: $23 million signing bonus, $2 million in salary and workout bonus, other bonuses. Total $25 million (fully guaranteed). The year one payout was the only metric he did not surpass Philadelphia defensive tackle Fletcher Cox, who got $27.3 million upfront with his recent contract extension
2017: $17 million in salary, bonuses (fully guaranteed). Total is $42 million after two years. Cox got $36.3 million guaranteed after year two.
2018: $19 million in salary, bonuses. (Injury-only guarantee, converts to full guarantee in eight months, or March 17). Total is $61 million after three years. Cox got $55.55 million guaranteed after year three.
2019: $17.5 million in salary, bonuses. (Injury-only guarantee but $9 million converts to full guarantee a year earlier, or in March, 2018). Total is $78.5 million after four years with $70 million guaranteed. Cox got $63.3 million guaranteed after year four.
2020 - 2021: Average of $18 million per year in salary and bonuses. (No guarantees). Total is $114.5 million after six years.
http://bleacherreport.com/articles/2621 ... =editorial
The Denver Broncos placed the franchise tag on superstar linebacker Von Miller before the 2016 season but intended to lock him up to a long-term deal.
The move became a reality Friday, as Miller and the Broncos agreed to terms on a lucrative six-year deal worth $114 million, with $70 million in guarantees, per NFL Network. Miller's agents, Vanguard Sports, confirmed the news.
The linebacker took to Twitter to announce the pact:
2016: $23 million signing bonus, $2 million in salary and workout bonus, other bonuses. Total $25 million (fully guaranteed). The year one payout was the only metric he did not surpass Philadelphia defensive tackle Fletcher Cox, who got $27.3 million upfront with his recent contract extension
2017: $17 million in salary, bonuses (fully guaranteed). Total is $42 million after two years. Cox got $36.3 million guaranteed after year two.
2018: $19 million in salary, bonuses. (Injury-only guarantee, converts to full guarantee in eight months, or March 17). Total is $61 million after three years. Cox got $55.55 million guaranteed after year three.
2019: $17.5 million in salary, bonuses. (Injury-only guarantee but $9 million converts to full guarantee a year earlier, or in March, 2018). Total is $78.5 million after four years with $70 million guaranteed. Cox got $63.3 million guaranteed after year four.
2020 - 2021: Average of $18 million per year in salary and bonuses. (No guarantees). Total is $114.5 million after six years.
http://bleacherreport.com/articles/2621 ... =editorial
